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BMW is investing large time in South Carolina. The automaker introduced will probably be placing $1.7 billion into U.S. areas to ramp up electrical car manufacturing right here.
In keeping with Reuters, one billion of these {dollars} might be heading straight to BMW’s already-existing manufacturing facility in Spartanburg, South Carolina – which simply produced its six-millionth car – to beef up its EV manufacturing on the plant. The opposite $700 million might be spent on a brand new high-voltage battery meeting plant in Woodruff, South Carolina. A spokesperson for the corporate says it’s the single greatest funding it has ever carried out.
That is all a part of BMW’s reported plans to construct at the least six fully-electrical BMW fashions within the U.S. by the tip of this decade.
The automaker says the brand new plant, positioned lower than 20 miles away from the present one, will create at the least 300 new jobs, and can reportedly have an annual capability of as much as 20 GWh.
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The Woodruff manufacturing facility is only one of a variety of battery factories BMW has just lately introduced. Nevertheless, that is the one one which’s coming to the U.S…. most likely. 4 different factories are being in-built Europe and China, after which there’s a thriller sixth manufacturing facility that doesn’t but have a concrete location. Apparently, that call will come based mostly on market demand.
On high of the BMW-owned Woodruff manufacturing facility, BMW additionally introduced that Chinese language renewable vitality firm – Envision’s Automotive Vitality Provide Company — may even be constructing a brand new plant in South Carolina. It’ll provide the automaker with 30 GWh of batteries.
Reuters stories that the brand new battery format BMW is utilizing in its EVs will improve battery vitality density by over 20 p.c. That, in flip, will result in a 30 p.c increase in vary. We like to see it.
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